Editorial & Business
DDP images leaves DAPD
Ulf Schmidt-Funke & Katharina Doerk © DDP Images
In a statement released on Thursday, December 13, 2012, in Munich, the company HQTA AG (formerly DAPD Media Holding AG, led by Peter Low and Martin Vorderwülbecke) sold its stake in the photo agency DPP Images to its founders, Ulf Schmidt-Funke and Katharina Doerk.
According to the statement, DDP Images has tripled its sales over the past three years to 6 million euros, but found itself, like so many other subsidiaries of the DAPD, caught up in the series of bankruptcies afflicting the second largest German news agency.
Read the full text of this article on the French version of Le Journal.